Emissions News

 

SSY Publishes Shipping Outlook for 2021

Jan 11, 2021

After a highly volatile 2020, shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2021 Outlook Report.  The report looks at various drivers of the shipping markets, including…

Ship Finance Lenders Fall Short of Sector's Carbon Targets

Dec 15, 2020

Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting targets last year in the first analysis of CO2 goals for the sector by financiers, a report showed on Wednesday.Global shipping accounts for nearly 3% of…

Wallenius Bets on Wind-powered Cargo Ships

Dec 09, 2020

Two centuries after the first coal-powered steamships crossed the Atlantic Ocean, a Swedish company is designing a futuristic throwback: a huge, wind-driven cargo ship that could help end the fossil fuel era and limit climate change.Shipping accounted for 2…

Port NOLA Receives $1.2 Mln from EPA to Curb Emissions

Dec 08, 2020

Recently, the U.S. Environmental Protection Agency (EPA) finalized a cooperative agreement with the Port of New Orleans to fund diesel emissions-reduction programs. The agreement provides $1,240,247 to replace certain diesel-powered trucks at port facilities in Orleans…

Did You Know?: 47% of all Newbuild Dry Bulkers Sport Scrubbers

Dec 03, 2020

We have known it all along; the bigger the bunker fuel consumption of the ship, the more likely it is that shipowners will choose an SOx scrubber as the tool to comply with the IMO 2020 sulfur cap.Whiles only three Handysize bulkers in total…

EU Plan to Cut Shipping Emissions Draws Backlash

Nov 29, 2020

Japan, South Korea and a fleet of international shipping groups have warned the European Union against its plan to add greenhouse gas emissions from the maritime sector to Europe’s carbon market.As the 27-country EU seeks to steer its economy towards “net zero” emissions by 2050…

Havyard Jumps to the Fore on Hydrogen

Nov 19, 2020

Havyard said that its complete hydrogen system for ships will be completed in 2021, and to that end the group is establishing a separate company to meet market demand for the solution, which will make it possible also for large ships to sail longer distances with zero emissions…

Time to Launch Carbon Plan for Shipping is Now, Industry Says

Nov 11, 2020

The shipping industry must act now in order to meet U.N. targets to cut carbon emissions by 2050, leading officials said on Wednesday, ahead of a meeting next week that will seek to advance a plan.The U.N. agency the International Maritime Organization…

Cargill Looks to Use Wind to Cut Carbon in Shipping

Oct 28, 2020

Cargill, one of the world's biggest charterers of ships, is working with technology partners to fit sails on vessels in its fleet to cut carbon emissions through harnessing wind power, the U.S. agribusiness group said on Wednesday.About 90%…

ABS CEO Calls for Cooperation on Decarbonization

Oct 14, 2020

The successful decarbonization of the shipping industry will require teamwork and cooperation, said ABS Chairman, President and CEO Christopher J. Wiernicki.“Building the future is clearly a team sport – even if not all players see it that way all the time…

Top Global Traders Push to Cut Shipping Emissions

Oct 07, 2020

Some of the world's biggest commodities and energy players on Wednesday launched an initiative to cut and track emissions from the ships they charter as efforts intensify to reduce the maritime industry's carbon footprint.About 90% of world trade is transported by sea…

Singapore Eyes Electric Harbor Boats to Cut Emissions

Sep 23, 2020

Singapore is seeking proposals on the electrification of small vessels known as harbourcraft as the industry transitions towards a low-carbon future, the Maritime and Port Authority of Singapore (MPA) said in a joint statement on Wednesday.The…

MOL Fined for Emissions Violations in California

Sep 22, 2020

Mitsui O.S.K. Lines has paid $253,300 in penalties to the California Air Resources Board for violating the Ocean-Going Vessel At-Berth Regulation, which requires cargo ships to reduce emissions while docked at the state’s busiest ports, including Los Angeles…

EU Parliament Votes to Make Ships Pay for Their Emissions

Sep 15, 2020

The European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime sector in the European Union's carbon market from 2022, throwing its weight behind EU plans to make ships pay for their pollution.Shipping…

Shipping's Share of Global Carbon Emissions Increases

Aug 04, 2020

Carbon emissions from shipping rose in the six-year period to 2018 and accounted for 2.89% of the world’s CO2, a study released on Tuesday showed, amid growing pressure on the industry to bring levels down.About 90% of world trade is transported…

Logistics News

Japan’s Dry Bulk Imports Fall 4%, says BIMCO

Japan’s Dry Bulk Imports Fall 4%, says BIMCO

Headwinds Hamper the Poseidon Principles

Headwinds Hamper the Poseidon Principles

BV Debuts Cyber Health Check Report Tool

BV Debuts Cyber Health Check Report Tool

Survitec Snags Cruise Contract for Nitrogen IG System

Survitec Snags Cruise Contract for Nitrogen IG System

Subscribe for Maritime Logistics Professional E‑News